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How to Plan Buying a House

Introduction

For most people, buying a first house is a milestone event in life and represents a major financial decision. In this project, we analyze the mathematics of three factors involved in buying a home: salaries, investments, and mortgages.

As an example of our theory, we provide the scenario of a recent computer science graduate living and working in Denver, Colorado, who is planning to buy a house in 5 years.


Year 2019 2020
Salary 97,477.48 99,398,08

Alumni Liaison

To all math majors: "Mathematics is a wonderfully rich subject."

Dr. Paul Garrett